Human Capital: Page 34
-
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Ruling Lets Companies Cut Retiree Benefits Costs
Strategies for providing effective health benefits to employees have shifted dramatically in the past two decades. Nonetheless, some companies continue to bear the burdens of legacy benefit liabilities.Nancy G. Ross Until recently, courts had a practice of interpreting benefits arrangements in co...
By Nancy G. Ross and Brian D. Netter • Feb. 23, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Why Are CFO Jobs Taking Longer to Fill?
CFO openings are taking longer to fill these days, as noted in a recent Wall Street Journal article. While the article didn’t get very deeply into the question of why this is happening, it suggested that both companies and candidates are getting pickier.John Touey John ToueyThat’s true, so let’s ...
By John Touey • Feb. 16, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Companies Should Stop Paying Sales Commissions
It’s not hard to validate the oft-expressed observation that sales is typically the sole responsibility of autonomous agents. Companies advise their salespeople that they will be held accountable for outcomes, not activities. They are paid commissions — and sometimes only commissions, with no fix...
By Justin Roff-Marsh • Feb. 12, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Feb. 12
Independent Coca-Cola bottler Coca-Cola Bottling Co. Consolidated has promoted treasurer Clifford Deal III to the top finance spot, effective April 1. He takes over for James Harris, CFO since 2008, who has been appointed executive vice president, business transformation.Patrick Grismer Hyatt Hot...
By Joan Urdang • Feb. 12, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Merit Pay Programs Falling Short of Goals
A surprisingly large number of North American employers say their merit programs aren’t an effective way of driving and rewarding employee performance, according to a new survey.The consulting firm Willis Towers Watson reported that only 20% of North American companies find merit pay to be effect...
By Matthew Heller • Feb. 8, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Delta’s Paul Jacobson: ‘I Never Dreamed It Could Be This Good’
For the CFO of a large international airline, weather, economic volatility, fuel costs, and world events like terrorist attacks, civil strife, and spreading viruses are among the many unpredictable factors that can play havoc with travel volume and, hence, financial forecasts and results.Delta CF...
By David McCann • Feb. 3, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Middle Market Companies Grow 6.1% in Q4
Amid flattening job growth and lower confidence in economic trends, U.S. middle market companies reported stable growth to close out 2015, according to a new survey.The National Center for the Middle Market said companies in that sector showed year-over-year growth of 6.1% in the fourth quarter, ...
By Katie Kuehner-Hebert • Jan. 27, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Many CFOs Paying a Premium for New Talent
Many companies in the U.S. and Canada are willing to pay a premium as they recruit new talent in the finance field, according to surveys conducted by staffing firm Robert Half.In the U.S., 54% of CFOs surveyed reported offering more money for new hires, with an average pay increase of 10%, and 36...
By Katie Kuehner-Hebert • Jan. 8, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Consultants Underperform Finance Staff on Decision Support
This article has been updated to include insights from CFOs and to correct imprecise wording related to what respondents answered CEB survey questions.Finance departments are notoriously under the gun these days, given the proliferation of requests for decision-support analyses from business unit...
By David McCann • Jan. 6, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Gender Parity in Boardroom Still a Distant Goal
While representation of women on the boards of U.S. publicly-traded companies has been increasing, equality could still be decades away, according to a new report by the Government Accountability Office.In 2014, women accounted for about 16% of board seats in the S&P 1500, a ratio that has in...
By Katie Kuehner-Hebert • Jan. 6, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pension Plan Funded Status Unchanged at 82%
There was no change in the pension funded status of the largest U.S. corporate plan sponsors at the end of 2015 as a rise in interest rates was mostly offset by weak global stock markets, according to a new survey.The professional services company Towers Watson estimated the aggregate pension fun...
By Matthew Heller • Jan. 4, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
One-on-One Coaching Misses the Mark
Companies around the world are spending billions of dollars every year to coach their leaders despite estimates that coaching fails as often as it succeeds.Antoine Gerschel, left, and Lawrence Polsky A 2012 Deloitte report estimated that U.S. companies were spending about $14 billion annually on ...
By Lawrence Polsky and Antoine Gerschel • Jan. 4, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Employers Get More Time for Obamacare Reporting
Citing stakeholder feedback, the Obama administration is giving employers an additional three months to comply with the reporting requirements of the Affordable Care Act.The U.S. Department of the Treasury and the Internal Revenue Service on Monday extended the Feb. 29 paper and March 31 electro...
By Matthew Heller • Jan. 1, 2016 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Dec. 25
Dennis Weibling has been appointed interim CFO at Sotheby’s, replacing Patrick McClymont. Weibling, who has been on Sotheby’s board of directors since 2006, succeeds Patrick McClymont, the auction house’s finance chief since October 2013.Olivier Thirot Staffing firm Kelly Services has promoted Ol...
By Joan Urdang • Dec. 23, 2015 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Eight Talent Arena Trends for 2016
Eric Goldstein With unemployment at its lowest rate since early 2008, the fight for qualified talent is fierce. New tools and tactics are needed to attract and retain the best and brightest.Based on insights from 24 global experts, talent-acquisition firm Korn Ferry Futurestep has shared its view...
By Eric Goldstein • Dec. 17, 2015 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 11
Leeny Kelly Oberg Leeny Kelly ObergCarl Berquist is retiring as finance chief of Marriott International on Dec. 31, but will stay on as a special adviser to the company through March of next year. On Jan. 1, he will be succeeded as CFO by Leeny Kelly Oberg, who now holds the top finance spot at M...
By Joan Urdang • Dec. 11, 2015 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Unemployment Claims Climb to Five-Month High
The number of Americans filing for unemployment benefits rose to a five-month high last week. But that and other economic reports did not affect sentiment that the U.S. Federal Reserve will raise interest rates next week.Initial claims for state unemployment benefits increased 13,000 to a seasona...
By Matthew Heller • Dec. 10, 2015 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
New State Laws Support Uber’s Business Model
Uber is making headway in getting states to support its business model, which classifies drivers as independent contractors rather than employees.The model has been disputed in states such as California, where drivers contend in a class-action lawsuit that they should be treated as employees, whi...
By Matthew Heller • Dec. 10, 2015 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Strong Turnaround Leads CFO to the CEO Chair
Jim Cline never aspired to be a CEO. After serving as finance chief for more than seven years at Trex, a publicly held maker of wood-alternative outdoor decks and railings, he ascended to the top executive role in August of this year. But, at 64, it was Cline’s unbiased appraisal of the business’...
By David McCann • Dec. 10, 2015 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
74% of Employers Exposed to ‘Cadillac Tax’
A new survey challenges the conventional wisdom that only especially generous employer health plans would be subject to the Affordable Care Act‘s “Cadillac tax” provision.Effective in 2018, the law would levy a 40% tax on health insurance plans that cost more than $10,200 for individuals and $27,...
By Katie Kuehner-Hebert • Dec. 9, 2015 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
U.S. Job Cuts Hit 14-Month Low in November
In another sign of a strengthening labor market, planned layoffs in November fell to the lowest level in more than a year, according to a new report.The global outplacement consultancy Challenger, Gray & Christmas said employers reported workforce reductions totaling 30,953 in November, 39% f...
By Matthew Heller • Dec. 7, 2015 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Future Finance Leaders: We’ll Shun Environmentally Challenged Firms
If you think your company can get by without paying a lot of attention to environmental issues, perhaps you’re right. But you’re not likely to have the pick of the litter when it comes to hiring young finance staff.That’s according to new research from Yale University’s Center for Business and th...
By David McCann • Dec. 3, 2015 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Treasury Targets Non-Savers With New ‘MyRA’
The U.S. Treasury Department has launched the “myRA,” a new retirement account designed as a starter option for workers who don’t have a savings plan at work.In his 2014 State of the Union address, President Barack Obama announced that he would direct the Treasury Department to develop myRA for t...
By Matthew Heller • Nov. 5, 2015 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Eleventh-Hour Budget Deal Hikes Pension Premiums, Again
The Bipartisan Budget Act of 2015 (BBA), passed by the House of Representatives on Tuesday, contains some eye-opening provisions, like suspending the national debt limit through 2017 and significantly raising federal spending caps imposed by the Budget Control Act of 2011.In the consumer media, l...
By David McCann • Oct. 29, 2015 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Law Preserves Self-Funding as an Option for Many Companies
A law signed by President Obama on Oct. 7 with little fanfare could effectively save thousands of companies from losing the option to lower costs by self-funding employees’ health benefits.The Protecting Affordable Coverage for Employees Act (PACE) gives states leeway in defining what constitutes...
By David McCann • Oct. 21, 2015
Previous
